Acquisition for restaurant discount club

A RESTAURANT discount group with private equity backing has expanded with the acquisition of a subscription-based dining membership club.

Yorkshire-based The Dining Club Group, backed by Bridgepoint Development Capital, has bought Blackpool-based Hi-Life Diners Club from Hi-Life Group through its subsidiary company State Bidco.

Matt Turner, chief executive of The Dining Club Group who took home the Consumer Products accolade at this week’s North of England EY Entrepreneur of the Year Awards, said: "Dis... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...